Bill Foster: “I was really encouraged to see people from every walk of life taking an interest in science just because of the eclipse.”

Frankly, when I read about this, it triggered my PTSD from the AIG situation with credit default swaps during the financial crisis.

While the Presidency is often the focus of political pronouncements about macroeconomic conditions, there is no question that it undersells the importance and the independence of the work of the Federal Reserve Board.

I think we should consider adopting this in the coming session of Congress, at least on a temporary basis.

The good news is that macroeconomic policy is working as designed.